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HARRY HUGHES, Governor
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1147
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WHEREAS, Chapters 869 and 887 were thereby in conflict; and
WHEREAS, Chapter 887, being the last of the two to be
enacted, prevails in statutory construction; and
WHEREAS, It was the intention of the General Assembly to
provide that the removal of an insurance premium discount is not
a violation of Insurance Code provisions regarding the setting of
rates; now, therefore,
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 48A - Insurance Code
242.
(c) All rates shall be made in accordance with the
following principles:
(7) (i) No insurer under an automobile liability
insurance policy may classify or maintain an insured in a
classification entailing a higher premium because of a specific
claim for a period longer than three years, and no such insurer
may classify or maintain an insured in a classification entailing
a higher premium because of the insured's driving record for a
period longer than three years. HOWEVER THE REMOVAL OF A
DISCOUNT MAY NOT BE CONSIDERED A VIOLATION OF THIS SUBSECTION.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1983.
Approved May 24, 1983.
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CHAPTER 350
(Senate Bill 618)
AN ACT concerning
Tax Increment Financing - Disbursement
of Amounts Retained
FOR the purpose of permitting certain moneys in a special fund
for a development district created by the "Tax Increment
Financing Act" to be paid to the municipality or county that
created the development district to be used for any legal
purpose to the extent that the moneys exceed the unpaid debt
service with respect to bonds issued by the development
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